Top 30+ Corporate Wellness Statistics Every Business Should Know
Corporate wellness statistics reveal surprising trends that you can’t overlook.
More companies are investing in employee health, but how do these changes affect you?
This overview will uncover what companies are spending, where employee mental health fits in, and how technology is reshaping corporate wellness programs.
Get ready to explore the numbers and insights defining workplace wellness this year. Stay informed on how these trends might impact your business strategy and employee satisfaction.
The Latest Workplace Wellness Statistics
Many companies, especially big ones, are offering employee wellness programs.
Spending on wellness varies by company size, small firms spend less.
Last year saw increased attention on wellness, this will likely grow.
Employee Wellness Statistics on Companies Offering Wellness Programs
Workplace wellness programs have become a priority for many businesses. There has been a noticeable increase from previous years, partly due to the ongoing focus on employee health post-pandemic. These employee wellness programs have typically been included in their employee benefits package.
According to Harvard Business Review, 9 out of 10 companies offered at least one type of wellness benefit in 2019.
More than 3 in 5 companies have dedicated “wellness budgets” to support employee wellness programs. (HBR, 2019)
Among firms providing health benefits, 48% of small firms and 72% of large firms offer employees a health risk assessment, biometric screening, or both. (KFF, 2019)
53% of small firms and 81% of large firms offer a program in at least one of these areas: smoking cessation, weight management, and behavioral or lifestyle coaching. (KFF, 2020)
75% of employees consider budgeting, eating healthy, work/personal balance, exercise, and stress management high or moderate priorities. (Alight, 2021)
By 2023, only 25 percent of employees in the U.S. felt that their organization cared about their well-being. This is a huge dip from 2020 when it went as high as 48%. (Statista)
Almost 54% of Gen Z and 58% of millennials view company wellness programs as important or extremely important when deciding to work for a company.
87% of employees expect their employer to support them in balancing their life between work and personal commitments. (Glassdoor)
Regional Differences in Corporate Wellness Programs
The availability of these programs focusing on employee wellness varies by region. In North America, about half, or 54% of companies offer wellness initiatives. Meanwhile, in Europe, only 25% around half of companies have such programs with Africa, Asia, and Latin America having single-digit percentages. Reasons for these differences include varying workplace cultures and regulatory environments.
Companies in high-competition regions like the U.S. are more likely to invest in wellness to attract and keep employees. Europe has seen some lag due to more standardized healthcare systems, which reduce the pressure on individual businesses to provide health programs. Asia is catching up fast with a faster pace of corporate growth and acceptance of global health trends.
Wellness in the Workplace Statistics: Key Figures in Wellness Spending
When it comes to spending on wellness programs, the numbers tell an interesting story. Large companies often allocate more funds for wellness than small- and medium-sized businesses.
Employee Wellbeing Statistics: Average Spending Per Employee
In 2021, an impressive 92% of employers enhanced their support for mental health and emotional wellbeing. This includes programs aimed at stress management, sleep improvement, resilience building, and pediatric mental health. (HR Executive)
In 2020, the average total budget for wellbeing programs was $4.9 million.
2021 average total budget increased to $6 million, about 22% increase from the previous year.
Sixty-seven percent of employees working for organizations with wellness programs report greater job satisfaction and are equally likely to recommend their company to others.
Comparisons by Company Size
The difference in spending is often due to resources and perceived urgency. Larger firms have more capital and can realize greater scale benefits from comprehensive wellness programs. Smaller companies feel the pinch more, leading them to invest less upfront. Nonetheless, the awareness that even small investments can yield long-term savings has been slowly shifting these numbers upwards even for smaller firms.
Significant Rises or Falls
The last year saw an increase in corporate wellness budgets as mental wellness and remote work tools became more central. Industries hard-hit by the pandemic, like retail and hospitality, showed the sharpest growth in wellness spending. They needed to do more to bring employees back safely and keep morale high.
Predicting the Next 12 Months
Looking ahead, wellness investments are poised to grow further. With the expanded focus on mental health and hybrid work environments, expect more tailored programs. For companies considering where to allocate funds, investing in digital tools and tailored mental health programs will likely yield the best return.
Emphasize integrating employee feedback to tailor successful and cost-effective wellness strategies continuously. Engagement and feedback loops can guide which investments lead to the best employee satisfaction and retention.
What’s expected to unfold next is a more cohesive, data-driven approach to wellness. Companies leveraging actionable data can refine their programs to heighten impact and employee engagement.
Employee Wellness Programs & Mental Health Statistics
Although awareness of mental illnesses has slowly increased, there’s still work to be done. It’s important to know the numbers around this matter so employers can further plan on how to improve mental well-being and avoid burnout. Here are some mental health and wellness programs in the workplace statistics.
77% of workers reported being very or somewhat satisfied with the support for mental health and well-being they receive from their employers (APA, 2023)
90% of employers offer employee assistance programs (EAPs) (International Foundation of Employee Benefits, 2022)
Only 56% of employees feel in control of their well-being in 2023. (Gallup)
60% consider mental health benefits as part of their next job selection. (SHRM)
Only 43% reported that their employer includes health insurance with coverage for mental health. (APA, 2023)
1 in 5 adults in the U.S. experienced a mental illness in 2021. (NAMI)
Only half of employees feel like they have control over their well-being. (Gallup)
Wellness in the Workplace Statistics ROI
66% of employees had a better impression of their employer after using a well-being benefit. (SHRM)
A company saves $5.82 in lower employee absenteeism costs for every dollar spent on their employee wellness program. (ISDH)
Disease management yielded a $3.80 return, while the lifestyle management component was just $0.50 for every dollar invested. (RAND)
Every dollar an employer invests in a wellness program gives a return of $1.50. (RAND)
Healthcare costs yielded a $6 savings for every dollar invested. (HBR)
Statistics on Wellness Programs in the Workplace
Workload concerns and employee burnout at work happen and these are serious matters that need to be looked into and addressed. It affects employee health and morale and eventually could trickle down to performance, and employee retention.
41% of employees report experiencing “a lot of stress.” (Gallup, 2024)
44% of employees in the United States with a high level of burnout stated they were likely to look for a new job (Statista, 2023)
77% reported being stressed out by work in the last month. (APA, 2023)
53% of female employees say their stress levels are higher than a year ago, and almost half feel burned out. (Deloitte, 2022)
40% of women look for a new job because of burnout as a main driver. (Deloitte, 2022)
There is a global turnover and lost productivity cost of $322 billion due to employee burnout. (Gallup)
36% of employees share that their employers have nothing set up to help prevent employee burnout. (Thrive My Way, 2024)
91% of employers are looking to increase investments in mental health solutions. (Wellable, 2024)
Staff who are given proper work recognition are 50% or more less likely to be burned out. (Workhuman)
Trends in Corporate Wellness Initiatives You Need to Know
Expect more emphasis on mental health in the workplace.
Look for rising tech solutions in wellness programs.
Track the yearly trends to make informed decisions.
1. Rise of Mental Health Focus in Corporate Settings
Increased Attention on Mental Health Support
Companies increased their focus on mental health benefits. This shift was driven by rising awareness of stress and burnout. Approaches include integrating therapy services, providing mental wellness days, and offering mindfulness workshops. As of last quarter, more companies reported adopting or expanding programs.
These programs didn’t spring up overnight. Initiatives focused largely on awareness campaigns. Then tangible employee wellness programs had become more prevalent.
Training for managers on mental health services and topics gained traction, empowering leaders to support their teams effectively. Apps like Headspace and Calm were commonly part of employee wellness programs as flexible wellness solutions.
Options for hiring mental health speakers and wellness experts were further considered. Employers sought the value of bringing in experts like Jake Bernstein, to help their staff build resilience and power through the most stressful times.
New Tools and Apps
The workplace wellness market saw innovation at an unprecedented pace. Employers have increasingly adopted digital tools for their employee wellness. Apps such as BetterUp and Workhuman bridged traditional mental wellness services with modern tech. They offered real-time feedback and performance insights, helping employees on their mental wellness journey.
2023 saw over 100 new wellness apps appear in the marketplace, indicating a significant shift toward digital solutions for mental wellness support in their employee wellness programs. This influx gave organizations the chance to offer employees diverse tools, from stress tracking to remote counseling services.
Some have increased their usage of remote tools and decreased their on-site fitness sessions, while others did the opposite and increased on-site wellness offerings to encourage employees to report back on-site.
What’s next? Employers should evaluate these tools. Key factors include ease of use and alignment with company goals. Employee wellness programs should evolve to include more personalized experiences, catering to individual needs. Expect deeper integration of these apps into existing wellness platforms in the coming year.
2. Tech-Driven Wellness Solutions
Growing Use of Digital Platforms
The past years marked substantial growth for tech-driven wellness. A blend of wearable tech and digital platforms became standard. 1 in 3 firms adopted tools like Fitbits and wellness portals to monitor and promote physical activity.
Then came the rise of telemedicine as a staple in employee benefits. Companies, particularly in North America, heavily invested in these services to help employee wellbeing.
Hybrid programs that combined digital and in-person sessions emerged. This offered more flexibility and a broader reach, meeting individual preferences and circumstances.
Selecting the Right Tech
Choosing the best tech for initiatives requires strategic planning. Tip: Begin by identifying the specific needs of your workforce. A comprehensive digital survey can provide valuable insights into employee preferences. Prioritize platforms that integrate with existing systems, ensuring a seamless transition.
Take advantage of free demos and trials to evaluate functionality and engagement potential. Regular feedback from employees will help maintain and enhance the effectiveness of these digital tools. Make sure data privacy and security remain top considerations given the sensitive nature of health data.
Employers planning next year’s comprehensive wellness programs should focus on enabling mobile-friendly solutions. Solutions geared toward personalization can engage employees effectively, driving better outcomes. Expect emerging trends in AI-driven health insights and predictive analytics to further shape the corporate wellness landscape.
Measure Employee Wellness Program Effectiveness in 2024
Understand critical metrics for wellness success.
Learn to calculate ROI for programs.
Use real examples to guide assessments.
1. Key Metrics to Evaluate Wellness Program Success
Evaluating the success of any wellness program involves focusing on key metrics. These metrics help determine if the program meets its goals and benefits employees.
Participation Rates
Begin by measuring participation rates. This means checking how many employees are taking part in wellness activities.
Use sign-up sheets, attendance logs, or digital tracking tools to record participation.
Calculate the percentage of employees involved compared to the total number working.
Aim for growth over time. Increasing participation is a sign your program is attractive.
Data collection tools like Google Forms or SurveyMonkey can help gather information in one place. This data is essential for tracking trends and making improvements. Maximize what employees report to help improve what can make a positive work environment.
Health Improvements
Next, measure health improvements. This includes changes in employee health metrics due to the program.
Conduct pre- and post-program health screenings.
Track changes in key health indicators like blood pressure, cholesterol levels, or weight.
Compare annual health insurance claims data to see if there’s a drop in usage, suggesting better health.
Ensure any health data collection aligns with privacy laws like GDPR or HIPAA to protect employee information. Consider using anonymized data to maintain confidentiality.
Data Collection and Feedback
Effective data and feedback collection are essential.
Use surveys quarterly or bi-annually to get employee opinions on the wellness program.
Schedule focus groups or feedback sessions to hear directly from participants.
Encourage honest feedback by making responses anonymous.
Periodically review and adapt the program based on this feedback. Employees should see their input in making tangible changes to programs and improving engagement levels.
Program Assessment and Modifications
Regular assessment keeps the program on track.
Assess the program monthly or quarterly. Evaluate participation numbers and health data.
Use feedback from employees to identify what aspects of the program are working and what aren’t.
Make necessary changes. Update specific programs depending on accessibility, interest, or results.
Establish a rhythm for these assessments to maintain program effectiveness and ensure it meets employee needs.
What to Expect in the Corporate Wellness Industry in 2024
Industry growth is predicted to surge with digital interventions.
New well-being initiatives push forward sustainability and mental well-being.
Companies need to adapt to these trends or risk falling behind.
1. Predicted Growth of the Corporate Wellness Market
Industry Size and Growth Projections for 2024
According to workplace wellness statistics, the market size stood at $ 64.11 Billion in 2023. The corporate wellness market is projected to grow significantly through 2032 and reach around $123.35 Billion.
The industry has expanded consistently, with a noticeable increase in digital wellness solutions. Digital platforms and remote work wellness demands have been central to this expansion.
Companies providing virtual counseling saw notable growth over the past year. Wellness at work has become more prevalent due to increased awareness about work-life balance and overall health.
Factors Driving Market Expansion
Several factors contribute to this anticipated growth. First, there’s greater emphasis on holistic health—mental, physical, and emotional well-being. Employees are looking for robust programs that can support their lifestyles, not just physical well-being.
Secondly, the rise in chronic diseases has pushed the need for preventive health measures and promoting healthy behaviors. These programs aim to reduce absenteeism and increase productivity. Lastly, technological advancements have made accessing wellness resources easier than ever.
Challenges and Opportunities for Businesses
With growth come challenges. Companies face increased pressure to implement comprehensive programs. There’s a growing need for personalization, which can be resource-intensive. However, opportunities abound for firms that innovate. Those who harness technology effectively can offer impactful programs tailored to different employee needs. For business leaders, the key is balancing cost and impact. Prioritize investing in platforms that gather employees’ input and customize wellness plans accordingly.
2. Innovations in Wellness Programs
New Wellness Offerings and Approaches
Over the last year, the field has seen a surge in creative wellness initiatives. From offering flexible fitness classes, which employees can attend on-site or at home, to programs focused on overall life satisfaction. Fitness tracking devices have also become mainstream, allowing for detailed insights into employee health patterns.
Companies are beginning to integrate virtual reality into wellness, providing stress-relief environments or guided meditation sessions. These initiatives aim not only to engage employees but also to provide quantifiable health benefits.
Shifts in Program Priorities: Climate Impact and Sustainability
Programs are evolving to include environmental aspects. The focus is shifting towards sustainable practices within wellness programs. Companies are not just offering health benefits but integrating green policies, helping employees contribute to climate goals.
Fitness challenges now sometimes pair steps with sustainability tasks, like using public transport. Such practices not only improve physical health but also boost morale by coupling personal wellness with global impact.
Strategies to Incorporate Trends into Existing Programs
To incorporate these trends, companies should perform regular reviews of their wellness initiatives. Aim for flexibility, allowing for adjustments with ease. Engage employees in discussions about what they want and need from these programs.
Use anonymous surveys to gather insights. Encourage feedback to keep up with changing expectations and desires. Incorporate small, achievable targets that align with broader workplace objectives, promoting a culture where wellness is embedded into daily routines.
3. Future of Mental Health in Corporate Settings
Changes in Awareness
Mental health solutions have become a central part of corporate agendas, and this trend won’t change soon. Policies are shifting toward inclusivity, pushing for awareness and de-stigmatization in workplaces. Companies have introduced mental health days, recognizing when employees may need time to recharge without penalty. EAPs (Employee Assistance Programs) have transformed, offering services like therapy and stress management.
Upcoming Policies and Programs
Looking ahead, more companies are expected to strengthen their offerings. This includes routine mental health check-ins and providing on-wellness professionals. Additionally, workshops oriented around resilience and emotional intelligence will become more common, aiming to provide employees with tools for handling stress and building supportive workplaces. These changes are driven by increased transparency and evidence directly linking mental health and productivity.
Preparing for Future Changes
Companies should invest in training programs to help managers spot both physical and mental health issues and ensure that teams know how to access the resources. Being proactive prevents bigger issues later.
Try integrating mental health as a standard part of all employee wellness initiatives. Encourage an open dialogue around mental illnesses, reducing stigmas, and fostering a culture of understanding and support. As this area evolves, remaining adaptable and aware will benefit both employees and the organization’s success.
Igniting Corporate Wellness
Corporate wellness is growing fast, especially with mental health taking the spotlight. More companies are adding digital tools to their wellness plans, changing how they spend on these programs. The focus on metrics and ROI helps shape the future for businesses.
The information available on workplace wellness programs statistics is valuable as it guides you in understanding the latest trends and shifts in the industry. Start by evaluating your current wellness program to see where it stands. Consider adding or enhancing mental health resources in your offerings. Look into integrating tech solutions to modernize your approach.
Ask yourself: How equipped is your company to adapt to these wellness trends in the coming year?
Corporate wellness is more than just a trend, it’s a business strategy. Stay ahead and make strides.